Creditanstalt of Austria buys Russian Aton Capital Group for $US 400 MLN
20 Dec, 2006 11:06
Aton Capital Group has signed an agreement to sell 100% of its institutional business to Austria's Creditanstalt for over $US 400 MLN. The deal is to be finalised in the year 2007.
Aton's institutional business includes Aton Broker and Aton International.Creditanstalt is a member of the leading European financial group UniCredit.Analysts say both sides will benefit from the deal.